SAMPLE PROBLEMS

The effective interest rate is $14\mathrm{.}79\%$ per $35$ weeks, compounded every five weeks. What is the effective rate per $50$ weeks?

You will receive $$1000$ every third year for the next $30$ years, beginning three years from now. Interest is stated as $7\mathrm{.}9\%$ annual effective rate, compounded monthly. What is the present value of this cash flow series?

You will receive $$500$ every six months for the next $5$ years. Interest is stated as $9\mathrm{.}35\%$ effective per year, compounded quarterly. How much will be in the account at the end of the $5$ years?

In exchange for a $$10,000$ deposit today, you will receive $$500$ every $3$ months for $10$ years. What effective annual rate will you earn if interest is compounded every $3$ months.

In exchange for $$5000$ today, you will receive $$500$ every $6$ months for $8$ years. If interest is compounded monthly, what is the annual effective rate earned?